Attention investors and analysts! A significant amount of PEPE tokens, totaling 2.6 trillion and valued at $21,108,992, has been moved from KuCoin to an undisclosed wallet. This transfer comes amidst ongoing regulatory challenges, contributing to a 20% decrease in assets under management (AUM) at the exchange.
Similar large transfers have also been noted with Shiba Inu tokens, indicating a broader market trend. Consequently, the price of PEPE has dropped by 5% in the past 24 hours, currently sitting at $0.000007757.
With the crypto market already experiencing fluctuations, these developments from KuCoin and Coinbase are being closely monitored. Despite PEPE's consolidation, it has retraced 28% from its recent peak.
Stay updated for further developments as the market responds to regulatory changes and economic indicators. #CryptoNews #PEPE #ShibaInuSurge #MarketUpdate #PEPEPromo 📉📈
